Harikanta Overseas Legal & Regulatory
Harikanta Overseas Limited reported on a BSE fine for late submission of financial results. The company has paid the fine and strengthened its compliance systems.
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Harikanta Overseas Limited reported on a BSE fine for late submission of financial results. The company has paid the fine and strengthened its compliance systems.
Vikran Engineering received a GST penalty order for transit goods detention. The company paid the ₹4,01,400 penalty and is filing an appeal.
Axis Bank received a SEBI order disposing of all proceedings related to its Max Life Insurance share purchase, with no penalty imposed.
Saurashtra Cement received a tax show cause notice for Rs. 29.48 Crore from the Gujarat State Tax department. The company is contesting the demand.
Deepak Nitrite's subsidiary, Deepak Chem Tech, settled a factory regulation violation by paying a ₹0.03 Crore penalty to Gujarat state authorities.
The Delhi High Court has extended the stay on the FSSAI order prohibiting Dabur from using the '100%' claim on certain food products until December 16, 2026.
Lloyds Luxuries Limited received a court summons from the ACJM-I Court, Gautam Buddh Nagar, concerning proceedings under the Legal Metrology Act. No financial impact is currently quantified.
CEAT Limited announced that the Competition Commission of India found no contravention by the company in a 2019 bid-rigging case, concluding the matter.
Bharti Airtel received a penalty notice of ₹0.01 Crore from the Department of Telecommunications regarding subscriber verification norms. The company will pay the penalty.
SEBI disposed of proceedings against Max Financial Services and its subsidiary without any penalty. Settlement applications from thirteen other noticees remain under process.
Jyothy Labs Limited received an excise duty order demanding ₹20.35 Crore, including penalties and fines. The company plans to appeal against the order, citing previous favorable rulings.
Shashijit Infraprojects Limited reports that its ongoing property lease dispute with Vapi Municipal Corporation remains pending. The Gujarat High Court adjourned the hearing to September 14, 2026.
Nuvoco Vistas' subsidiary, NU Vista Limited, received a Show Cause Notice from CGST authorities. The notice proposes a tax demand of Rs.15.41 Crore for FY21-24.
Tata Steel Limited received a stay order from the Revisional Authority against a ₹1,755.11 Crore mining demand. No coercive action will be taken during the proceedings.
JSW Dulux Limited received a GST order from the Telangana GST Department for Rs. 0.85 Crore. This includes tax disallowance and a penalty for FY 2022-23.
IIFL Finance reported that its subsidiary, IIFL Home Finance, received an income tax assessment order raising a demand of ₹963.39 crore.
The Delhi High Court dismissed Nitco's writ petition regarding a Rs. 15.17 Crore interest demand on customs duty. The company intends to appeal in the Supreme Court.
Star Housing Finance corrected the default dates for its NCDs (ISIN INE526R07017) previously disclosed on July 31, 2026. The actual default dates are now specified.
Kirloskar Brothers Limited announced that the Supreme Court disposed of petitions related to a Deed of Family Settlement dispute, directing a three-member Arbitral Tribunal's constitution.
IRFC has received a GST show cause notice totaling ₹549.32 Crore concerning excess input tax credit claims for FY 2022-23. The company is evaluating its response.
Afcons Infrastructure received a favourable ₹335.50 Crore arbitral award from the Uttar Pradesh Expressways Industrial Development Authority. The amount is payable subject to no legal challenges.
Gala Precision Engineering announced the conclusion of Income Tax proceedings at its premises. The company confirms that operations continued normally with no material impact.
Urban Company successfully sued Kent RO for defamation and disparagement. The Delhi High Court ordered Kent RO to withdraw the offending advertisements within 15 days.
The NCLT ruled the approved Resolution Plan for subsidiary RCIL non-implementable. It directed the erstwhile Committee of Creditors to meet and decide the future course.
Bombay Dyeing received a GST Show Cause Notice for ₹4.84 Crore regarding FY 2020-21. This tax demand covers infrastructure charges, interest, and penalties.
Sayaji Hotels (Indore) obtained a stay from the MP High Court on an FSSAI order that had partially suspended its Indore unit's license. No material impact reported.
Escorts Kubota Limited received a GST order for FY 2022-23 totaling Rs. 4.40 Crore, including tax, interest, and penalty. The company intends to appeal the order.
APL Apollo Tubes received orders from the Deputy Commissioner (Appeals), Hosur, reducing its GST demand by ₹0.86 Crore. The balance demand is ₹0.15 Crore.
APL Apollo Tubes Ltd received a revised GST order from the Deputy Commissioner (Appeals), reducing the previous ₹3.15 Crore demand to a balance of ₹0.01 Crore.
GHCL Limited won an order from the National Green Tribunal (NGT), which dismissed three appeals challenging Environmental and Forest Clearances for its Soda Ash project.